Ch•rfty Thgi¥trntlon n¥mb•rSC033642 IS¢oUandl Comp*Thy rngistialion nUmr SC236715 (Scotlandl RHET LOTHIAN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 GREAVES WEST&AYRE GWA CIIARI-LIILD AC L i )b'N'T'ANTS Quality Advice Quality Service
RHET LOTHIAN LEGAL AND ADMINISTRATIVE INFORMATION Tru•t•• MrT. K•th Morton- Chawpernon Miss Sha E. Ma11. Treasurer Mrs J8no E. Sanderson Mrs JubaA. Lorrnift-&ith Mrs Fv)na B. Ross Eltiab81h S M¢t>)ug811 Mr8 Christsne E. Ecdes Mr Bon R. P•lccbrnonl S•¢r•tsry MrT. Keth Morton Crtty numb•r IS¢otl•ndl SQJ33642 C¢)mpiny nurnb•r SC236715 R•gkntsr•d ollk• Sthn East Mains HJdington E•si Loihi•n EH41 4HR Ind•p•nd•nt •x•mln•r Sbjart Mill•r C4 Gr?9 Wost & Ayr• 17 Wak•rgat• Ber*ica Twawj Northumbertal TD15 1DJ
RHET LOTHIAN CONTENTS g• Tru8toes' repth IrKhpondént 8x8minrf8 r•port stal•m•nt ol financial 4ctMt• Nol•$ to th• fiMn¢i•l •t•¢•m•nta 8-13
RHET LOTHIAN TRUSTEES. REPORT (INCLUDING DIRECTORS, REPOR FOR THE YEAR ENDED 31 JULY2025 Th• Trust•8s prnsent thair anny•l report •nd fttwioal $tatern• forthe y•ar onded 31 July 2025. The fjnancAal statleI$ havo been prep¥wJ vh •crord•nce wih tr• acu•Jnb"ng t out in note 1 to the finanfial staiemènts and the thonV$ gmm9 dooJmen¢. th& Charths aTrd Tru5188 In¥trnt ISO)and) A¢¢ 2rs. the Chanbes knounts Isrnlandl Regulath?n$ 2tt6 las ameThJedl and 'A(wuntlry 8Tr Reportin9 by chant$. Statement of R•oJrnrnefided Practice aPpIae to ¢an$ pwparing their arunt8 in accordan with the Finanoal Reportin9 Standard •ppLKxbk in tho UK and Repubts'c of Ir¢kqnd IFRS 1021 l•ffecty¥e 1 J8nuary 20191-. ObJ•th•• •nd •¢trltfj•• Th• prinary obig¢b¥• of RHET Lothian pj to educa school in tho b)¢•l ¥rt• abwt tho way in which th•ir ft>od is produc. The ¢hority aims to •thv• Ihis oty'eciwo. twth•r with Publ education. throuqh.. the promotion and •ncouraqemeni of Ihe ds•n¥i4bon of informalbjn r•ming Smltsh w11, A9)J1jrO, loresty. mral ¢StrS •nd lh• untrY$lJ•". In¢reasing th• general publKs aw8r8no5$ of th9¥ •ymbwii IM bi091¢&1 di¥grsty. rur•l nwronm•nl, ¢ountrysbJ• Irf• and oconomy of Scouand., Imprtsving the general public8 under8tand¢ThJ of th• •fid •ebon8 to auBl•in lont•rn) food 8n4 ts"mb•r producbon, and prov for wldlrf• ¥nd rts hobrtats, •nd by carrying cul aTrJ devoloping al ¥ Ibo of the tharitablg body with whlth t Company li shall r•m•in Bffilialed. namety, The Royal Hw3hland Edutsb)r+ TNst (• ¢4mp•ny lintt• by guarants•. irKorporatsd in Slja3 Trh7th wffjt•rnd numbèr SC123813, and being So)tti8h ¢h8rity number SC0074921.' the operat)n$ of th¢ to be nrma lo th• dosbjnatsd 98ographKal •r••, tein9 Ihe present k)c41 aulhority ar•ai ol and Eajt Lolhian Cty of Edinburgh. Th• priapil •¢ti?5. whKh th• cgjmpany urthrtok•s in lo •olv• aforfm•ntion•d oL48cb%i, •r•.' . Th¢ Mordimlbx ol farm ¥•lt• to •lkM nd other youth ory•nh•tyw• to •xp•MnrA th• ttyJntyiKle firBt haTrJ,' . The coorfinotKJn of ¢14r0¢ $p•ak•rs 9N• t4s 4bwt fanning and fwj proJuctr"on to •llow knO01 clwklren th• cpporlunty to •r¥J•g• ilh IN• ar•J wot in th• rA)UntyBbJ8. The Trustees have Pahl regard IQ 9uwJ•fi As1 ty tr Offic• ol lh• Sc47llith Chanty Regulator dKkllng what ath.vrts th• charity shoukl undert¥k¢. A¢hl•¥•m•nts and p•rftsm4n¢• RHET Lothian hted 23 la ¥isrt$1588 puwtsl ¥nd dolwred 63 lth11673 puptsl. h¢kl 3 iucx•ssful Fetsj & Farning days1510 pupibl. sUr son Spud ¢ompeb'bM. by • group ol volunteers. r•¥thed ovt to 68 schools and 1262 pupi18. IAts reNed 8Th extremaly genrou$ don•ts"on of • mobib trailer from Stewort Tr•il¢rs." Ihis 1$ • hu9e •sset that will allow u$ to take the countysde lo the classroom RHET Lothian were also tsrtunate to b• ¢h¢)s•n a5 Battyate Youry Fanners chanty of the year on(1 donated sum of £6,250. A large proporboTr cl this was ¥aised by ts Club hobjing o 01 w•ll •tt•nded $io¢k judging event in the Autumn a1 a Cofo• Mom¢r¥J where they prewnted the cheque. SUC1 (lay$ re had by voluNeer$ 41 4)th Dseilh and Haddmgton Sh(Y. Flnan¢l•l r•vl•w During the yeaf total ii(im• amouni•d ro £33.950 12024 - £4.2701. vthikt resour evn(l •mounted lo £10.$1612024- £1.8731. A Mt su5 01 £23.434 (Su16 2024- £2.3971 has repK*rted.
RHET LOTHIAN TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (COIlNUED FOR THE YEAR ENDED 31 JULY2025 R•8•ri•• policy Reserves 8r8 needed lo meet the Drking capital requir•m•rts of tha thanty tho c¥)nwnrftee are 8ati5fi•d that. 8t current kvels, Ihey wouhj te ab to Contrn ¢he )¢tivtss ol Ihe thority in the •¥ent of a synrfunt drop in gAnt lundirg. The chanty's fvndiry strategy ensure$ thal there is enQh rnon•y Com9 in •very year to ollow planned 4GINiti•s to out. wrth a sm•H ¢onbrynry #ll¢M•r. Total re8ervw 0131 Juty Quni0d to É31,738 12024 . £8.3041. r•soms rnakiNJ up £13.131 12024- £7,728) of this bala. Total indth unr•strK•d 18 01 £27.671 I24 - £4.1371. wd rastrKt•d lund8 of £4,7 12024- £4.1671. PrbD¢lp•l fundlng •1¢•$ In 2024r25 rac8pt5 of £6.450 rgLqt• to a 9enerous from Bathgat• Youn9 F8mi•rs Club 1£8,2501 who ¢hoso RHET Lothian as thwr ch•nty of the y•ar •nd £2fy) Irom RHET supporr5. Inv••tm•nt polley obJ•¢thi•¥ Ash88 from ¢¢aifiing a prudent •mount in reser$ •4ch ¥r. of the ¢horiWs jr •re to be Jynl In the Ih¢rt 16rn1 80 th•re •r l•w funds tymi in¥e8trn•nt Con8equ8nty. th• ol¥nty's invubY)•nt p)Iicy 15 to transfer Surplus wothin9 ¢opital. wher• •v•l•t4•. to an inknr•il ty9onng sawngs •¢unt. All oth•r fvnd$ are hel 0 8ank of Sts)l•nd tr•08urers or£unL RHET C•ntrl •upport RHET Lothian as part of ts fil•1 Royal H4hknd Educ•tion Tru n•trork. r1¥• tho 3ervits from RHET C¢ntAI ISCC¥)74921 based #t IrrfJlrnton. th• cfjntr8Cted Se1$ of a dedicated project coorth'nalor to faulital• •¢Dvrt•$ ond aerwc8 in lh• hxal 4rn4. Th• ¢411 of the RHET ¢oordinalor hourn. trainiThg. t•l•phon•. unrfomi, ¢4n8um8bl08. trnW41 •tc 1•xdJln9 co¥er•J by RHET Loihi•nl wa• £13,7LMI frr th• year ¢nding 31st July 2024. RS•k ffl4n4•m•nt The trusleo# ha a duty to •nd r•¥w risks to whKh lh• ¢h•Trty 18 OX4>owd •rK1 to •n5U oppropllate controls •re in pkn? to PfovvJ• aswr•nce •yinst tra1 And wror. tharity'l tru•t• continue to MrtOr the rth on • rogu18r basps. In Partthr. 8tn'ng•nt risk 85stsMnI proc•Juro8 af• in to enwr• cemplianc• wilh h•alth and fety ol 81aff. volunt••rs •nd M8rtorB. Th• chanty hokjs Ikiblty insuranc cofftriry rt in its actNitsèI. In •dditson, all committee mèmbèrya ar• lub10 OSCR Kfubny. styJnatUffjS are required for #ll cheques is3 by the charity. Publ1¢ 8•n•fit In con$Qeriry the opwotion, chi•¥m•nls •nd perfomianc• and ffin•rK•$ rf tho drty. Ihe tru$t•¢$ ore iati$fied Iht Publ benefit has been in accordan wih lh• Ch•ritN?s and Truslw¥ Inv•sth•nt (Scollandl Act 2005 and guKlancs provthd by th• OffKe of Scoth'sh Charty Regulator. Phn• for11¥ p•rfryls Fulufft plans are dependent on 8vailab fvTrJs. bui our lo en$ that no chiha 8¥0$ scthool without 8lth•r having VISrt at least farnl. or ha¥wvJ had a dassrows talk ddivgTrJ, helping them to have a grasp of how and where Iheir food corrns frtyn. Slructur•, 9<>¥•M•n and m•n•g•ffi•Trt Th8 c8rty is 8 company limited by 9uarantee. incOrted on 12 Serttymber 2Crf)2 aTrJ as a stb$h charity by th• ofthe S1$h Charity ReguLqtor. RHET Lothian is part a natioMI of 12 CounlrysKl¢ Initiative8. SUPPryt•d by a ¥11 ¢enlr¥l tsam of national RHET officer5. RHET Lothian has 8 dctorS on the boa¥d. all vohjnteers, who are drawn frorn the for•J, farning, countysbje and 8ducabon sedors. They meet peTrJdiGaty io disrJJ5s and further the aims of company. aTrJ they oveiw t• t>pany$ to erwre they Sup the overal aims of th8 wthr RHET n•ork.
RHET LOTHIAN TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (coKfiNUED) FOR THE YEAR ENDED 31 JULY2025 The Tnt$tses. who are akn th• dirBCtor8 for tho purpose ol Mnwny l•. aNI who seThed during the y8arand up lo th¢ date of $gnature olthe fmanrial stat•menls Yre." Mr T. K•lth Morton- ChawperBon 185 Shona E. Ma11_ Treasur•r IArs Jar E. S8ndrson Mrs JuliaA Lorrain-smth Mrs Fiona B Ro Mrs Elvlabeth S m)0•1# Mr5 Christine E. E Mr B¢n R. Mcctymont R•eru6tm•nt Ind •ppolntm•nt ol lry•tM• Th¢ dir¢¢tor• ol the company are akn charity tsu8t8es for pufpM•• of th4nty •thJ. u¢Kler th• company• Artic8, arg known 08 m•mbern ol Ihe commrtlee. Llnder the r•quirtym•nls of Iht Memor•ndum Ind Artid88 of A8s¢00lion. th• members of the commtee arg ekaed KJ serv• for • F•riod of thfee years after whKh Ih¢y mu be ro-elected at tha nextAnnuo1 G¢ner•l M••tifvd. All m•mb•rn ol the ccfflittee giw thgif YO1•r1 and recewe no benefits from th• tharity. Th• ccmmrtme membern haN the pTt9 OPPOlTrt any person lo b• a m•nb•r ofth• boord grth•r to fil $Uo1 vacancy or 8$ an addrtTr lo Ihe exiiling rnrS d th¢ bo•rd. kny nthv recruils muit firnt b• r•mrnrnended. oThd unanimously approved. by tho committèo pr tts ¥+PolMOnt. Non• ol tM Tru81••s h48 any benefia'al Intgr¢sl in the ctynp•ny Al oftr Tru•kn•s •r• mmb•rn oftt MpanY ond 9uaran¢ee to corln"bute tl In tho •vofit ol a winding UP. Indy¢tlon •nd tralnlng ol Mw tru•tw• AJI new ¢ornmrtte• rn•mbèrn •r• pro¥ed wth aFproprial8 9danc tel•tson to tmir r•sponsilitiM. Traininq cours•$ by Tho Royal HvJhland EdUcatn Tru$t IRHET). RHET Lothi•n'• p•r•nt MPanY. basad al th• Royal Hi9hland Centr•. Edinburgh. Adminiitrntr• h• i• •l•ts prO¥KI by RHET.
RHET LOTHIAN TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 ststameni of Trust•M' Mpon•lblllties The Tru518es. who are also the dwectors off RHET Lothi•n lor lh¢ of wnpony Ivw. are responsiK8 lor preparirvj the Trustees. Report and the fmaThaal st¥temenis in a¢eordan¢¢ wth applitable Iw ond Urit•d Kingdom Accounting stsroards (Unrted KiThgJ¢m GerlY Accepted Attounhng PRLIiL¥I. Ccmpany Law Tequires tho Twstees to prepafe fin3moal $tam8nts for ea¢ finana81 year gi a true and fair view of slato of affairs of tha chaty antl of thg resour and applKabon of fe8ourc8s. uidudi th• incom• n¢J •xpendrturn. of th• ch•nl8ble o)mpany ts th•t yeor. In preparing th98¢ financi•l 5tat•ments. thg Tru¥s8s requi1 to.. . •eled suthbb #cts)un¥r41 polw and IhM them (nl51•n.. . obsorv• t m•thods ond ift fv Ch•nti85 SORP." - Mak•Igernts and uim•ts• thal am r•#¢Jnabl• •nd pnthnL - St&t• wtt¢th¢r opplicabkry UK Att¢Junts"ry Standards fold. to •ny matenil d•p•re di0•¢d and explairrtd in t fingncaal statemthits." •nd . prep¥r• the fiThanaal Statlen1$ on gong aiff4m b•w unk•ss it i• Inwiroprb• to th•t thg charty wll c4n'nu• op•rnbon. Tho Truste•8 •r r•$ponsb for keepirrfj MtJ¢gu•te &cwJnling r•cord• Ih&i drfcl)ae th oc¢tsracy at any tim• the finoftrial p0son of thts ch•nty ond eTrab to ensure Ihai thè finapKi81 ¥terne eomply vthh th¢ Charilh?s and Twstee In¥estm8nt Iscooandl Act 2CKJS, thè Chan$ Accwnts ISty)Uandl Regulatn5 20C6 las •m•nd•dl thé Cornpans Act 20C6 Thoy are akn rW1bb• lor fgUarding Ihe assets of lh¢ tharity and hènco lor takn'nq r•oionablè st•ps fof th• Pre)¢n aThJ deteetson ol tr4ud ¥nd other irTegularitt•S. Exgfflptlon• Thya rwrt has be•n prepared in le1n¢8 wih the provoiNffj r•L•bng to cunpan8 wrthin P¥rt 15 01 lh• ¢pIn8 Act 20C6. The Trust888' repjrt w•$ approwd by lh• P•)ard of Tnk*kn••. MJ Mr T. K•lth Morton Dalod.. 27 October 2025
RHET LOTHIAN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RHET LOTHIAN I report on the finanryal $latements of Ihg thanty forth8 year er¥Jed 31 Jutyf 25. ar• É•t tyjt on pag•s 6 to 13. RMp•¢tlv• rn•pon•lbllldM ol Trn•t¢e• •nd •x•mln•r Tho ch8rity'S Twstee5, who are aL%o dwedors of RHET Lothian for the purp0808 d ojmpany Iww, a¥• r•spOn&b lor the preparabon of th¢ finanrial $tstern¢nts in ac£ordancs the t8nns of the charib.es and Trusleo InYo$trnenl$ {Slnd) Afa 2005 and the Ch8rits8s Accounts IScolaThJl Regulations 20C6. The Trust••s ¢onsk1er Ihat the audit requir8menl of ReguiotpJn 10(1 Ila) to Icl ol tho 20C6 Accounts Reguiions ths not apply li is my rgwTh¥tility Io eXbIn th¢ finanaal Jlaternerbts as ur¥Jer 44IIHGI of the Aci and to state whether parts"¢wbr motters ha¥¢ to my attenknn. B••h of Ind•p•nd•nt •AIn$ •tstsm•nt My 8xaminats.on is Caled out in attordanc• wth Régulabm 11 of th• CharitsActounts IS¢knU•ndl R•gulatKJn8 2006. An ¢x•min•lKn incJwJos • of Iho aoUntr. roccth kept by the tharity arbj a compari80n of the finanoal 8tst8ments pre8ented wth those recLvds. tt akn indudes con6hleratKn of any unusual it•ns or diselosur•s in tho fin81 itatemènts. and Meking explananI fr¢m tho truste8$ conc•ming •ny Such matter•. The prowlur•& und•rtakn do not proTr&iJ¢ all th¢ evn£ Ihat woulj ba required in •n •udrt and ¢onwuanly I do not express an audit Opinhin on the VkThV gfftn by th• fifianual stat•ments. Ind•p•nd•nt •x4m5n•rf• •l•l•m•nt In conn•ctscn With rny examinatn. no m•ti•r h• c4m• to my alt•nlJoft: lal gi m• rnasonabll e•uM to b•lk•s• Ihat In •ny maton•l reswd Ihe rnqu¢rern•nti lil lo keep #ceounting r•eerfd# •tcortanc• wth 8•etKin 44111 lal of 2rth Act and R•gulatKn 4 the 20C6 Ac£ounts Regulèth)ns. and 111 lo prepare financ4al statements 4ethrd wth th• mcords •nd ComY wrth R•aulaUon 8 01 the 2(X]6Accfjunls RtranS.. have not b••n met or Ibl lo whrh. in my iniOn. att•nbon thould b• dr•wn in wdw to •n•bkn A pmp•r ur##•rnl•ndig 01 tr• ffinancial #t4t•m•nts to b• redJ. Stuart Mlllar G4 Greaves West &Ayre 17 Walkerga Berwick upon Tw••d Northumbelar TD15 10J Dai•d.. 27 Othob•r 2025
RHET LOTHIAN STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY2025 UThr••trktsd R••trl¢t•d nd 2025 Total Tolal 2025 2025 2024 Donations and ao•s Ch•ril•bl• •cti¥ib• 33,950 33.950 4.020 250 Totsl In¢oi 33,9XI 33.950 4.270 Chantabk actwiti08 10.416 IrAJ 10.516 1,873 Noi Incom&ll•xp•ndttyrnl f¢f th• y••rt N•t mo¥•m•nt In fund• 23.534 11CWJI 23,434 2.397 Fund bol•no>s at 1 Au9u812024 4,137 4.167 5,907 Fund b•f•n¢•• at 31 Juty 2026 27.671 31.738 8.304 Th• it¥lem¢nt offin•nl •cbvits lid$ all gain •ThJ wniwd in tr y•ar. Th• 4tat•m•nt ol finnoal ind •ll goin• •ThJ Ix•e• r•cwnl••d in Yr. AJI ¥wm• •fid •xpgfKlOJr• d¢rn• fr¢m witiiuing •thil. Tho 8¢8tsmenl of financial ocvrfw •0 ¢¢Ynpls wth lh• rnquiMm•nts for In inrA>ffl• and ¢ywndityr• •ccount undor lh• comp*n$AGI 2006.
RHET LOTHIAN BALANCE SHEET AS AT31 JULY2025 202S 2024 Flx•d a88•ts 10 494 18.6Cfj Curr•nt a•Mts Debtofs Co$h at bank and in h•nd 11 13.131 7,726 13.132 7.810 N•t rrnI asa•ts 13.132 7.810 Tot•1 IM• eurrnnt lbIlI 31.738 8.304 IN¢om• fvnd• Restncted lunds Unr••tnct•d lund8 12 4.(O7 27.671 4.187 4.137 31.738 Tho cornpany 1$ •nb"W to th• •x•mption Irom th.1 r•qunml eontamwd in 477 01 lh• Compan4••Act 2006, for th• y••rended 31 Juty 2025. The directors ¥cnowl¢d9• rnwth"Ii for c4mplying tho 9Orn of th• cnnI•S Act 20Ck8 w4th relpact to •¢¢4unlng r•Mrd• •nd I prryparnn ol financiil olatemonts. Th• rn•mb•rs ha nol required to obtain an au¢Jrt ol ts financi•l 8tsl•monts for the yeor in In accrd8n with wcon 476 Th¢ finanaal 8tatsment$ have been prep•rnd in •cwdanc• wilh th• proviu•)ni applvble to comynKi$ subl8cl lo the $11 ¢wp•n$ regiTh. The finanoal •tstwnents were •FproN*d by th• Twstees on 27 0(ther 2025 Miss Shon8 E. ma1- Tr•asurnr Try•ts• Company R•g18traOon Ilo. SC236715
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 A¢¢¢Juntlng polkl•• Charfty Inlomwtlon RHET Lothkqn is a private tsjmpany lmited by guarantee incwFtyJrnte•J in sdaftd. Thg rogistered offi¢ Saltoun East Mains. Haddington. Ea$1 Lothian. EH414HR. 1.1 Accounllng conv•ntlon The finanual ststem•nts h8¥8 t•on prepar•d in acc3Jrdanc• with the tharity8 govoming drKumonL the Charit$ •nd TruJt•e Invesbnant Istowandl ALI 2005. the chare$ Af£ounts IS¢oU8ndl Regul8tiors {•• amend•dl. FRS 102 Yhe Fana81 Rrt9 Standard appIrab in Ihe LIK and Republic ol IreLqTrJ' I"FRS 1021 and th8 Chanbes SORP -AcKounting and Rewt¥w by Chanbe$. Statement of RecM?ndBd PractKe appltabk lo charibe$ pr•parww thwr arjnts in •cwrdanf with th• Finanoal Repothg Sndard apF4Kabl• UK èhd Repubhc of IFRS 1021" l•ffeth• 1 J¥nuary 20191. The thaThty o a Publ¢c Benefrt Entty as defined by FRS 102. Th• charity ha8 tsknn •Jvafit•Je ol th• pm¥•v$ Mi th• SORP for rti•ritsJ not to pryre a St•tUThgnt of Ca6h Fkn. Th• finantyal staternenti are prepared in slerfing. whth r4 th• function4 cyrnncy of thAnty. Mon•tary •mwnls in thos¢ fm8ntsal •Mt•mgnts 4r• roUrKI to th• n•8rgSt £. fin8rti81 sto10ntS have l)¢efi pr•p•r•d undor th& hi8tori¢al cost conv•ntion. modfvd tt indud• th• revaluation of freeholj pwrt$ and ¢0 indude inv¢>trneni pr¢p¢rbès And c¢rt8in financial in$trwn•nts 8t fair ¥. Th• prffiryp •¢ountirffj 8d¢)pt•J •rg ¥•t out b•kM. 12 Golng ¢1Jnc•m At Ihg time ol •ppro¥ing the finanu•l st8t•m•nts. lh• TnMl••I h•N • rea#ofi8bl• OXFCtatson that the ¢harty has Adequat• rour¢•$ lo corbbnue in operatsonal •Mkt¢¢ the fores¢¢abkn lu¢ur• Thuj tho Trwt¢¢• Contynue lo adopl11 9thr4J o7rK•m I0 ol Kcoun Mi pr•pariTrJ th• fin0ftl Blatorn•nl•. 1.3 Ch•rltsbl• lund• Unr¢Jtrictsd lunds •re 4vaibk• lor at the di of the In fvrth•rane• of th•ir ch4r1b ci•¢iives. R•$th¢t•d fvnds subpcl to speak by ¢J)nor• or gmntors As to hrw thoy may be uwd. Th• purpo1 Ir ol th• r•¥trKted fvnds #•t out r)i•S to finonr•l slatam¢nts. End+ymi•nt r• 8ubJ'•¢l to $P8cft ¢ondthns by don¢M th•t thg capital muit b• m8intaiMd by t charty. IA Ineom• Inrne i4 rwnwd when the ch•rity is ¥ly entilled to rt alkr any FérfornTr oMditbJns have been mgt, the amounis c•n b? measured rnh•bty. it rd probth th•t will be recw¥d. cash donats.ons arn reo>Jnis8d on r•ceyt Other doMbon$ •re recognRed the charity ha8 btsn notffjod of the don8b"on. unle88 P8rforn¥n¢ ¢onditb)ri8 requirn delerrol ol the arn¢x4nt Inrne tax reco1¥bI@ In retion to donations rn<tNed under GrflA or deeil$ of oJYan8nt 1$ r•cogn¢¢d at the line of the donattrJn. L•gacieJ are rKognMqd on rncyt or otherise l the ¢anty has boon nobf*d ol an wnpending disth"bution, the amount is knrywn, aThJ reIpl 15 •xpo¢tsd. N Iho is rK+t krw, the lègacy k% treata 88 a contingent ass•t. 1.5 EXp•nd1rn Expenditure 15 r•cognned on •n basY6 as the10"IrtY is incjmd.
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Ae¢<)unting polici IContlnu•dl 1.6 Tangltsl• fix•d ••uts Tangib fixed assèts are •tiaty measurvAI at cg) wbwuenvy measwed 8t cost or valuation. nèt ol dep81) and any inpaimnt kisa•. D8prgciobon recognised $0 •$ b) wnte off IM colt Of ¥u•l of au•ts th'r r•shlu41 Valu 0rthe usefvl INes on tl lolkm'w b8ses'. Plant and oqupmnt 25% on eost The 9ain or loss arlTra on Ihe disposal of an asset is d8thed as th• differgn¢• bgwn the ••1• proc•ed$ and th8 rry9 valu• dth• •sse¢. ki fe¢4¥noed m the 8thtom•nt offinanual acb¥Atr•5. 1.7 knpalmwntol Ilx•d ••••ts Al eath reportiry end d8t¢. Ihg Larity th¢ ¢arryiAg •mounti ol Its tarrfJibk• a88•ts lo dotarmlne wh•thor Ih•ro 18 Any that thow asset8 ha¥Y suffered an imp8imnt bJ$. If ony suth indrAtion ¢$¢$. th• r•o)wrnbl• #rnount 01 th• aswt k4 ubmated ITh order io detennine the exlant of thg imp)inngnt 6 lif any). 1A Cash and ¢••h •qulv•l•nts C8sh 8nd $h equr¥•lents thdud• h•nd. dOtr at caw with b•Thk8. other •horkt•Th luKI Inve$lmenl$ wilh onginal MabJri¢l of thrw months or kns. aThJ bank overdrafts. Bank 9rra1 •r¢ •hown vmthin borrowings in cuffent labibbes. l.• Flnan¢thl In•trum•nts Tho eharrty has eKxted 10 apF4y the prov•ion• of S•cw 11 '8wtyc FITh•2•1 In•lnJm•nl8' and S•ction 12 'Oth•r Fin•nci•l Instr09 I88. of FRS 102 •1101 rt8 fin(•1 in•trLrrMnl¥. FinancKal inJtwm?nls •r¢ reo)gnis•d in IM th•rrtf• b•ffic• Itt th• drity bBcom•s party to lh¢ cthilraclual provk5ions of Ihe in8trurnenL Fin•nd•l •ssets and l1•bil ar• ots•t. th th• •mounts plni•d M the fmancial 8tatem8nls, when Ih•f• is i gaI enforceab rb3ht to sel off the ¥rnourt• •nd ihern l• An h)t•ntion ts UiU• on A Thol basis or to rBalise the asset 8etk Ikqts'lity sinurtaneousty. 8•sk ffnanclal•ss•ts Basic finanu81 4ssels. hKh dud$ d•btty8 •Th1 cash •r b•nk b#Tr¢. ¥• inibalty Mèa1•d ai traTr8aLM pru Inc4Ud9 trwsactr)n ¢osls an(1 are wbsequenty carrnd at amorbsèd eosi u&'ng the effective interest melhod the arrangement constitutes a finanon9 tr•ns•dw. vknere th tr4n$•ction ra ffl¢a$ur¥d 81 Ihe present value of thè fvture ree•plS di%ounted at * market raie ol tt Fin•n(¥al al las5ffd 03 rKeival)le Tthffi year are not amort¢eJ. B•sk fin•nel•l Il•bMIII•s BasK finanoal IHbilits, In¢Wing ry¢ditofs •nd bank k)orts •re initialty (whIs•d ai irnnsaction pric unless the arran9ement constibJ5 a finarry transaction. where the debt ItJManI is measured at the present value of Ihe ftJtu payrnont5 discoun at a math•t iat• of inièm5t. Finanaal lkqbilrtS dassiw a6 payablg within one y¢or ore not amortl. 08bl instrunts are subsequenty carried al amorfi8ed cost the effec0 interest rnte mèthod. Trade uthyitots are obl¥3bons io pay for goods or seCeS that have been acquired in the ordin¥y course of operats.ons $upplrs. Amounts payJle We dassKd a5 ¢JJirent liabilitip5 rf payrneTrt is duo within one year or kss. 11 not they aTr prBsenbJ 85 non-vJfTenl labilitie5. TrEde crgjitors are recognwl in01 at tran8adN)n aThJ subsequenty Measu at •m•ed crni u*r¥J the •ff•¢iwe interest m8th0d.
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMEpirs {coKriNUED) FOR THE YEAR ENDED 31 JULY2025 Accountong polki IContlnu•dl Financial li8brfrts are d8recqntsed wh•n ts char$ contrac1 gypirF or ar• argl or can01d 1.10 Taxtlon RHET Lothi•rt * r?nI8•d •$ • charity for thè puoow of lax4n legi51ats.on •ré * theror8 not subject to tsxalJn on rts ¢honIab alAms. Thè chanty i¥ not r•9Ot8r8d lor VAT tg8ouros •xp•ndod therefore indude irr•eowJrnbl¢ InpulVAT. 1.11 Ernploy•• b•n•fft• The ult ol any unus•d WwJ•y tient * Mc¢¥JrA¥•d th• Per in ¥thith th• •mpby•e'B ¥oNic•s •rg rec8iv•d. Tomilnatlon benefits •r• r•¢<•nrf&J KIrdiD1• u •n •yn#• th• thartty io d•mon8trabty u>rnmitt•d lo t•rninale lh• empbyment ol an •mpbyee or to pro¥th lamifft8¢w Trofits. CrfV¢•l •ccountlnq Mllmat•B •nd budg•rn•rf• In the ¥pplKatiM d the c£trJnbrg th• Tw•ts•s •rn lo mok• I?011•, eBtimat•$ •nd asswnpl)ns about tho Carrying amount ol o$30ts and IKqbilts$ Ihal #r• not re¥dity appar•nt freffj other Jourc85. Th• Mtim81¢$ assou•ied 8$Jump •r• on hilri¢•I •xpgrianc And otr l•¢ttorn that ar• ts)nthrnd to r•knv•fit Adual r•wha m•y dthr from thtt• •slkm•t•i. Th¢ •stirnate# und•rlying assumpb"oN4 •re revwed on •n ongoir¥J basis Re$)n8 to accounbnq eslirnat•i •r• r•coqnMed in th• pernd in whK th• •$timats r4 rgvaed yth• h re¥i¥v)n aifxts cmly thal poriod. or in th¢ ol Ihe r•vis•)n and fvlun p¥vJs th• r•wsion off0 both rr•nt •nd futur• riods. Don•lkn• ¥nd 1•g1¢1•• Urnstrlct•d Unrnstrthd RtrICted fund• fiJnd8 Tot•1 X12S 2024 2024 2024 Oonationa and 33.950 1,020 4.020 Charltsbl• •dl¥ltl•• 2025 2024 Cream t•a sa• 250 250 10-
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 JULY2025 Charitsbh acli¥1llH 2025 2024 Depf•oab'on •nd vnpairnont Donaan4 In$uranc¢ Co-ordinato¢8 tra1 & tran¥port costs 9.388 247 413 919 10.380 1,S79 Sh•r• of•upport not• 61 136 10.516 1,873 Anaty•l• by fvnd Unre$tntsd fun R¢$tri¢lgd funds 10,416 100 1.873 10.518 1.873 Suppvl co•ty Supptsrt 1S0¥•m•n ¢o•l• X125 2024 AdnMnistr•tk• •xp•rw• 138 136 138 N•t rnov•rn•n¢ In fvnd• 2025 2024 Th• n•t rno¥•rnent in fvrth is s¢•W after thargin(cditsg}'. DeprBaation of Own taryil)1g fixed as8•ts 247 Tru•l••• NO of the Trustees lor any p•rn(ms wilh ilml any ternun8r•bon or beneffts frcrn tha anty during the year. 11
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 JULY2025 Employ••• TM avarage rnonthty number d phY9$ duiing thg ygOfWaS." 2025 Nurnb•r 2024 Numb•r Total Th•f• W•f• no •mpkny••i wh¢A• •nnu#l rUMMI)n wa$ mot• than £60,CO). 10 T•nglbl• fix•d pwrt •nd •wWD•ni At 1 Augu$t 2024 thition¥ 8,824 Al 31 Juty 2025 36.324 D•pr•clatbon and Imp•lnr•Dt At 1 August 2024 Dgpr•¢i¥b'on thargod in th 11 8,330 9,388 At 31 Juty 2025 17.718 Carylng amount Al 31 Juty 2025 18.6C6 At 31 Juty 2024 11 D•bt•r• 2026 2024 Amounts l411Sn9 du• wlthkn on• y••r. Tr•de d•bt Prepayments ¥nd a¢¢xued 12-
RHET LOTHIAN NOTES TO THE FINANCIAL STATEMEKrs (coKriNUED) FOR THE YEAR ENDED 31 JULY 2025 12 Rmtrktsd lunds Th• r•sirthd fuThJs of Ihe tharity ¢prne the nexnded banc•s of donation$ and grants hold on trust 8ubiecl to sperafic mThJitics by th015 as to hx Ih•y m•y be us•J. Al 1 AuguBt Ineornlng R•ur4 2024 f••Ou •xp•nd•d At 31 July 2025 4.167 11¢XSI 4.C67 Pr•vlou• y••r: At 1 Augu•¢ 2023 In¢fmlno R••ourt•• •xp•nd•d At 31 Juty 2024 1,167 4.167 13 An•ty•l• of n•t•H•t¥ b•iw••n lund• Unrnslrict•d Rwlrl¢t•d fund• lund• 202S 2025 T•tsl lJnr••trl¢t•d R••lrf¢l•d fvnd• fund• 2024 2024 Totsl 202$ 2024 Fund b818ncg$ •t 31 July 2025 are representsd by.. Tsngible a8u8lB Curmnt •u•Wlknbilrt*il 18.606 11.965 18.8tX 13.132 494 7,810 494 7.810 1.167 30.571 1.187 31.738 8.304 14 R•lat•d rtY11CO9• Th•r• w•rn no d•dos••bl• rnL•i•d p•ty dumg th? JYar12024- non•l. 13-
RHET LOTHIAN DETAILED INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 JULY2025 202S 2024 Donallona nd a¢l•• Donations and 9rt8 RF Don•lKns and g 33.99) 1.020 3.000 33,99) 4,020 ID¢omlnq r••our¢•• Irorn ¢h•rlt•bl• •ctlvll Fundrai8ir%J •v•nts 250 Totsl In¢omlnq r••o¥rM• 33.950 4,270 Ch•rfi•bl• •¢llvlll•• In8ur¥nc• Co-ordinaiofl tr•vo1 & trarwrt co•ts Shafg tsl SUFP¢)rt 413 919 11.0281 11.8281 Totsl rMour¢•• •xp•nd•d 11.0281 11.6261 Ch•Yltsbl• •¢ffvlth• Depr•u8tK)n 247 9.3681 12471 Charltbl• •etlvStl•• RF )natio11# 11CQI Surplu• for th• Y••r 23.434 2.397 14-